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What is the attendance level at the festival tomorrowland?
120 000
Sales volume required to breakeven?
That level of sales at which profit if the business is zero or revenue earned is equal to cost incurred.
What is the method of determining the minimum sales volume needed at a certain price level to cover all costs?
breakeven analysis
How can a breake-even analysis assist you in planning your businness?
Breakeven analysis guides the management about the production and sales level to recover costs as well as to acheive desired profit level.
What does breakeven point mean?
Breakeven Analysis is the process of categorizing costs of production between variable and fixed components and deriving the level of output at which the sum of these costs, referred to as total costs per unit become equal to sales revenue. The analysis helps to determine the 'Breakenev Point' from this point of equality of sales revenue with total costs. At the breakeven point, the production activity neither generates a profit nor a loss. Breakeven analysis is used in production management and Management Accounting.
Is the method of determining the minimum sales volume needed at a certain price level to cover all costs return on sales?
breakeven analysis
What was done on the government level to increase attendance?
I don't Know . I Came To this site in Search for an answer ; not to provide an answer .
What is an acceptable hemoglobin level for blood donation?
Current FDA guidelines require all volunteer blood donors have a hemoglobin of 12.5 g/dl or greater, or a hematocrit of 38% or greater prior to donation.
What is Food Donation Connection's population?
Food Donation Connection is a non-profit organization that works with food service companies to redirect surplus food to hunger relief organizations. They do not have a specific population as they operate on a national level in the United States.
How does photosynthesis affect upper level consumers that are carnivores?
how does photosynthesis affect upper level consumers that are carnivores
Does cvp differs from break even analysis?
though CVP and break-even analysis are both based on the same assumptions their objectives are not the same. In a sense that, the underlying objective of breakeven analysis is determine the output level that will not result in neither profit nor loss (breakeven point), where total sales will be equal to total cost ( total sales = (total variable + total fixed cost)). On the other hand, Cvp analysis seeks to determine what will be the effect on sales, cost and profit when there is a change in activity level (output).
What is the average fixed cost and how does it impact the overall cost structure of a business?
The average fixed cost is the total fixed costs divided by the quantity of output produced. It represents the cost per unit of production that does not change with the level of output. Fixed costs impact the overall cost structure of a business by influencing the breakeven point and determining the minimum level of production needed to cover these costs. Businesses with high fixed costs may have higher breakeven points and require higher levels of production to achieve profitability.
